Vior Inc - VIORF STOCK NEWS

Vior Inc. has announced that its Annual Meeting of Shareholders will be held on December 7, 2022, at 11:00 a.m. Eastern time via Zoom. Due to technical issues, individual confirmation emails will not be sent to registered shareholders. Attendees are advised to log in by 10:45 a.m. to ensure a smooth process. Vior is a junior mining exploration company focused on developing quality projects in North America, with a history of discovering gold deposits. For more information, contact Vior's executives.

Vior Inc. has announced updates on property transactions with Osisko Mining Inc. regarding the Blondeau-Guillet and Skyfall Properties. The company issued 625,000 common shares to Osisko for the Blondeau-Guillet gold property and amended the Option Agreement to allow for the issuance of up to 789,474 shares over three years for a total of $225,000. Vior also issued 107,142 shares to Osisko for the acquisition of 83 claims adjacent to the Skyfall project. Additionally, Vior amended its stock option plan, increasing shares issuable to 9,184,000, pending TSXV approval.

Vior Inc. announced promising results from its Belleterre gold project in Quebec, indicating strong high-grade gold potential. Recent samples collected during the Summer 2022 program confirm significant mineralization near the Lac Paradis area, expanding its footprint by 250m. Vior's CEO emphasized confidence in the exploration potential of the region, highlighting the addition of Mr. Ben Cleland as Senior Exploration Manager to enhance the team. The project spans 30,258 hectares, with historical production exceeding 750,000 oz of gold. Further exploration details will follow.

Vior Inc. has entered a Purchase Agreement with Osisko Mining Inc. to acquire 83 claims spanning approximately 4,682 hectares next to its Skyfall project. This acquisition will involve the issuance of 107,142 common shares of Vior. The claims are subject to a 1% Net Smelter Return royalty linked to a previous deal with Osisko Gold Royalties Ltd. The transaction awaits regulatory approval from the TSX Venture Exchange and includes a four-month hold period on the shares. The deal qualifies as a related party transaction but is exempt from formal valuation requirements.

Mark Fedosiewich, President and CEO of Vior Inc., announced the acquisition of 50,000 units at $0.13 per unit on July 29, 2022, through a private placement. Each unit consists of one common share and half a purchase warrant exercisable at $0.21 over 30 months. After the transaction, Fedosiewich holds 8,866,000 shares, representing 9.66% of the company, with potential ownership rising to 12.36% on a partially-diluted basis. This acquisition is part of an investment strategy, with potential for future market transactions.

VIOR INC. has completed the second closing of its financing, raising $508,950 through the issuance of 3,915,000 units at $0.13 per unit. This brings the total gross proceeds to $1,133,940. Each unit includes a common share and a half warrant, allowing the purchase of additional shares at $0.21 for 30 months. Two Quebec-based institutional funds participated in this closing. Proceeds will support exploration work in Quebec and general corporate purposes. Insiders participated with an exemption from formal valuation.

Vior Inc. announced the closing of a first tranche of a private placement, raising $624,990 through the issuance of 4,807,614 units priced at $0.13 each. The offering includes common shares and warrants, with each warrant allowing the purchase of additional shares at $0.21 for a period of 30 months. Notably, Osisko Mining Inc. participated by acquiring 1,923,000 units, increasing its stake to 7.80%. Funds will be allocated for exploration in Quebec and general corporate purposes. The offering is subject to regulatory approvals.

Vior Inc. has announced positive results from its Phase II drill program at the Belleterre gold project. The program is focused on high-grade gold mineralization near historic mine workings. Notably, hole BV22-011 yielded a high-grade intercept of 1.35 m grading 12.87 g/t Au. The exploration has confirmed a robust gold structure with promising potential, as 10 out of 15 holes drilled returned gold intercepts. Vior is also actively pursuing a summer exploration program to map and sample additional mineralized zones.

Vior Inc. announced promising results from its Phase I drill program at the Belleterre gold project in Quebec, confirming high-grade gold veins. Key findings include an impressive intercept of 55.2 g/t Au over 0.5 m and various other significant intersections. The ongoing Phase II drill program aims to validate high-grade structures. This exploration, conducted over 3,857 m, shows potential for increased gold thickness at depth, enhancing the project's appeal. Vior also welcomed Chad Peters as a Technical Advisor to advance its exploration efforts.